Money Forward Future Growth
Future criteria checks 6/6
Money Forward is forecast to grow earnings and revenue by 66.9% and 20.5% per annum respectively. EPS is expected to grow by 66.8% per annum. Return on equity is forecast to be 22.9% in 3 years.
Key information
66.9%
Earnings growth rate
66.8%
EPS growth rate
| Software earnings growth | 22.0% |
| Revenue growth rate | 20.5% |
| Future return on equity | 22.9% |
| Analyst coverage | Good |
| Last updated | 15 Jul 2024 |
Recent future growth updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 11/30/2026 | 65,236 | 5,689 | 5,193 | N/A | 8 |
| 11/30/2025 | 52,697 | 1,194 | 2,035 | N/A | 10 |
| 11/30/2024 | 41,294 | -2,883 | -3,709 | N/A | 10 |
| 5/31/2024 | 36,157 | -5,531 | N/A | N/A | N/A |
| 2/29/2024 | 33,133 | -5,928 | N/A | N/A | N/A |
| 11/30/2023 | 30,380 | -6,315 | -2,921 | 2,460 | N/A |
| 8/31/2023 | 27,765 | -7,039 | N/A | N/A | N/A |
| 5/31/2023 | 25,723 | -8,943 | -10,886 | -5,493 | N/A |
| 2/28/2023 | 23,513 | -9,486 | N/A | N/A | N/A |
| 11/30/2022 | 21,477 | -9,449 | -8,392 | -4,124 | N/A |
| 8/31/2022 | 19,635 | -8,069 | N/A | N/A | N/A |
| 5/31/2022 | 18,013 | -5,389 | -6,987 | -4,093 | N/A |
| 2/28/2022 | 16,921 | -3,214 | N/A | N/A | N/A |
| 11/30/2021 | 15,632 | -1,482 | -4,660 | -2,327 | N/A |
| 8/31/2021 | 14,641 | -1,620 | N/A | N/A | N/A |
| 5/31/2021 | 13,564 | -1,129 | -3,073 | -1,139 | N/A |
| 2/28/2021 | 12,391 | -1,703 | N/A | N/A | N/A |
| 11/30/2020 | 11,318 | -2,423 | -2,285 | -1,119 | N/A |
| 8/31/2020 | 10,186 | -2,090 | N/A | N/A | N/A |
| 5/31/2020 | 9,312 | -2,113 | -3,180 | -2,737 | N/A |
| 2/29/2020 | 8,152 | -2,074 | N/A | N/A | N/A |
| 11/30/2019 | 7,156 | -2,572 | -3,736 | -3,605 | N/A |
| 8/31/2019 | 6,408 | -2,333 | N/A | N/A | N/A |
| 5/31/2019 | 5,656 | -2,316 | -2,785 | -2,425 | N/A |
| 2/28/2019 | 5,086 | -1,841 | N/A | N/A | N/A |
| 11/30/2018 | 4,594 | -815 | -1,169 | -795 | N/A |
| 8/31/2018 | 4,091 | -626 | N/A | N/A | N/A |
| 5/31/2018 | 3,693 | -391 | N/A | N/A | N/A |
| 2/28/2018 | 3,203 | -628 | N/A | N/A | N/A |
| 11/30/2017 | 2,899 | -842 | N/A | -498 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3994 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: 3994 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 3994 is expected to become profitable in the next 3 years.
Revenue vs Market: 3994's revenue (20.5% per year) is forecast to grow faster than the JP market (4.4% per year).
High Growth Revenue: 3994's revenue (20.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3994's Return on Equity is forecast to be high in 3 years time (22.9%)